502, Royal Oceanic Tower
Sold prices and rental history: sold 4 times, last in June 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Royal Oceanic Tower
What is 502 worth today?
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Source: Dubai Land Department. Updated 2 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 654 sqft
- Floor
- 5th of 31
- Parking
- B2-63
- Developer
- Global Group Holdings
- Completed
- 2009
- Service charge
- AED 13,700 /yr
- Last sold
- AED 1.03M · June 2025
- Building
- Royal Oceanic Tower
About 502, Royal Oceanic Tower
502 is a studio of 654 sqft on the 5th floor of Royal Oceanic Tower, a 31-storey tower in Dubai Marina completed in 2009 by Global Group Holdings. It last sold on 2 June 2025 for AED 1,030,000, or AED 1,575 per sqft, 4% above the AED 1,514 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 66,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 13,700 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Royal Oceanic Tower, and where 502 sits
All 78 studios →502 last sold in June 2025 at AED 1,575 per sqft, 4% above what studios in Royal Oceanic Tower were fetching at the time (AED 1,514). 502's AED 66,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 514 sqft | 970,000 | 1,887 | ||
| 4 Jun 20254 June 2025 | 514 sqft | 1,010,000 | 1,965 | ||
| 28 Feb 202528 February 2025 | 654 sqft | 950,000 | 1,452 | ||
| 28 Jan 202528 January 2025 | 658 sqft | 850,000 | 1,291 |
Royal Oceanic Tower
Building224 apartments, studios to 4-bed over 31 floors in Dubai Marina, completed in 2009 by Global Group Holdings. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,662
- Typical sale
- AED 2.07M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.8%
Other units on the 5th floor
All 224 units in Royal Oceanic Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 565 sqft | AED 261KAED 261,291 · Mar 2011March 2011 | 80,000 /yr | |
| 503 | 1-bed | 764 sqft | AED 600KAED 600,000 · Mar 2020March 2020 | 130,000 /yr | |
| 504 | 1-bed | 764 sqft | AED 1MAED 1,000,000 · Nov 2017November 2017 | 65,000 /yr | |
| 505 | Studio | 634 sqft | AED 1.03MAED 1,025,000 · Apr 2017April 2017 | 65,000 /yr | |
| 506 | Studio | 514 sqft | AED 780KAED 780,000 · Jun 2013June 2013 | 70,000 /yr | |
| 507 | Studio | 514 sqft | AED 442KAED 442,006 · Aug 2010August 2010 | 64,000 /yr | |
| 508 | Studio | 621 sqft | AED 680KAED 680,000 · Dec 2022December 2022 | 66,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 1.26MAED 1,260,000 · Apr 2017April 2017 | 87,150 /yr | |
| 510 | 1-bed | 792 sqft | AED 870KAED 870,000 · Feb 2013February 2013 | 77,100 /yr | |
| 511 | Studio | 658 sqft | AED 1.1MAED 1,100,000 · Oct 2014October 2014 | 70,000 /yr | |
| 512 | Studio | 559 sqft | AED 1.15MAED 1,150,000 · Feb 2015February 2015 | 46,234 /yr |
502, Royal Oceanic Tower in numbers
- Sold 4 times: first on 19 April 2011 for AED 650,000, last on 2 June 2025 for AED 1,030,000 (AED 1,575 per sqft).
- Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 40,000 in 2021 and recovered to AED 66,000 by April 2025.
- At AED 66,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 13,700 a year (AED 21.01 per sqft).
Source: Dubai Land Department. Updated 2 June 2025.
Questions about 502, Royal Oceanic Tower
What did unit 502 last sell for?
AED 1,030,000 on 2 June 2025: AED 1,575 per sqft for 654 sqft. The unit has 4 registered sales; the first was AED 650,000 in April 2011.
What is the rent for unit 502?
AED 66,000 a year on the contract renewed on 8 April 2025. The previous contract, from April 2024, was AED 66,000; the unit has been rented since May 2013.
How big is unit 502?
654 sqft (60.8 sqm): a studio on the 5th floor of a 31-storey tower completed in 2009.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 502, Royal Oceanic Tower
Starts from the last sale price (AED 1.03M, 2 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →